Intraday Tips for Tomorrow
Market Trend :- Last day of week selling pressure dominated Market. Sensex down 120 points to 17 158 and Nifty fell 38 points to close at 5205. Midcap and Smallcap stocks was noticeable disappointment. International signals to determine the market direction. Domestic Markets was open weak due to Asian markets fall.
Intraday Tips Free Trial from Monday 23 July to Tuesday 24 July 12
In this week BSE Sensex 0.3% and NSE Nifty 0.6% were down. Midcap and Smallcap stocks tumbling 1.1%. Bank Nifty lost 1%. However Auto stocks was weak 1.5%.
Rupee against U.S. Dollar closed at 55.32. On Thursday Rupee was reached at 55.12.
International Market :- U.S. Market closed with decline of 1% on last day of the week due to European concerns. Eurozone debt crisis concerns are again dominate to Market. On Friday Foreign currency against Euro dropped to 2 year lows which saw selling pressure on U.S. Markets. S & P 500 index declined by 1.01% to close at 1362.66 while Nasdaq dropped 1.37 % to close at 2925.30. The Dow Jones broke nearly 1% to close at 12822.57. Although U.S. markets are slight edge. Dow Jones, S & P 500 and Nasdas Index all three recorded nearly 0.5% up.
Stock Intraday Tips for Tomorrow (Monday 23 July 12)
Bata India Buy, Target – 945, Stoploss – 887.
Aditya Birla Nuvo Buy, Stoploss – 790, Target – 845.
Bombay Dyeing Buy, Target – 565-570, Stoploss – 510.
